📝 Beta Technologies raises $300M

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GE Aerospace is making a $300 million strategic investment in Vermont-based Beta Technologies, pairing up to build a hybrid-electric turbogenerator that blends GE’s jet-engine expertise with Beta’s electric propulsion know-how. The deal, still pending regulatory approval, would bring Beta’s total funding to $1.45 billion and give GE a board seat — a sign the legacy engine giant is betting big on hybrid-electric flight as the aviation industry pushes toward advanced air mobility (AAM). Hybrids, which combine turbine engines with electric power, are emerging as a middle path for extending range and boosting payload before full electrification is viable. For Beta, the partnership strengthens its certification push for its Alia aircraft, which will come in both conventional takeoff and eVTOL versions. For GE, it’s a way to adapt its dominant engine technology for a future where electric propulsion is expected to play a much larger role. Together, the companies claim their system will deliver greater range, payload, and overall performance, positioning them at the forefront of the shift to next-gen aircraft.

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